ADVOKATFIRMAET LEX AS: årsregnskap 2017 vs 2016
Grew 8% on revenue
approved 2018-04-18; registry 2018-05-08; journal 2018 316787
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET LEX AS. Revenue 2.76m NOK → 2.98m NOK (+8.2%). Equity 754.4k NOK → 141.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEX AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.76m NOK to 2.98m NOK (+8.2% YoY). Calculated
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↑
Cash rose
Bank deposits 8.23m NOK → 8.24m NOK (+0.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 754.4k NOK → 141.2k NOK (equity ratio 63.4% → 7.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation